🚀 Bitcoin is still on the rise! Currently, BTC is trading around $94,000, after surpassing $108,000. According to Rafael Schultze-Kraft from Glassnode, more than 20 metrics indicate that it has not yet reached its peak in this cycle.
- The MVRV, an unrealized profit indicator, suggests room to grow.
- Tools such as the Annual Realized Profit/Loss Ratio and the Market Cap to Thermocap Ratio also support this outlook.
Do you think BTC will reach $230K? Share your opinion in the comments! 💬